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Web3 gaming investments surge to nearly $1 billion in April 2024
20.5.2024
April 2024 marked a significant milestone for the Web3 gaming industry, with investments nearing $1 billion. This underscoring the burgeoning interest and financial support for Blockchain-based gaming ventures is seen as a testament to the potential and innovation within the Web3 gaming ecosystem...
Get rich quick: Experts back BEFE coin’s ability to turn $100 into $200,000!
20.5.2024
BEFE Coin has been the talk of town due to its unique strategy, strong backing from users, and the possibility of growth in the aftermath of Bitcoin halving. BEFE is a topic of discussion among cryptocurrency enthusiasts because it combines different elements:- Strategy: BEFE has its own unique...
Solana Price Prediction as SOL Pushes Toward $170 – $1,000 SOL Possible By June?
19.5.2024
Solana (SOL) is trading at $172.84 with a market cap of $77.59 billion, pushing toward $170 amid a potential rally to $1,000 by June.
The post Solana Price Prediction as SOL Pushes Toward $170 – $1,000 SOL Possible By June? appeared first on Cryptonews
Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week?
18.5.2024
As Bitcoin edges close to $67,000, analysts speculate if a new all-time high is on the horizon, backed by a robust $24.62 billion trading volume.
The post Bitcoin Price Prediction as BTC Approaches $67,000 Level – New All Time High This Week? appeared first on Cryptonews
Solayer, a restaking protocol based in Solana, raises $20 million
17.5.2024
A Solana-centric staking protocol known as Solayer amassed $20 million in a mere forty-five minutes while it was still in the process of being introduced. It occurred during the Genesis Epoch 0 phase. This involved limited time, a limited cap, and the assemblage of a fair amount of important...
Solana-based platform Pump.fun loses $2M in flash loan exploit
17.5.2024
Pump.fun, a Solana platform, has suffered a loss of $2 million. The perpetrator used flash loans to acquire SOL, followed by Pump.fun meme coins. The breach of the bonding curve was a resultant factor. Pump.fun stated that it has strengthened its contracts to stop the hackers from taking more money...
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound
17.5.2024
According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Friday. SUSD Stablecoin Plunges to $0.915 Another stablecoin faces challenges...
Ride the wave: Turn $100 into $300k with BEFE coin
17.5.2024
Crypto experts predict that investing $100 in BEFE coin today can earn you $300,000. In this article, we will discuss how BEFE became a crypto goldmine less than a year after its launch. BEFE, a meme coin, has been creating increasing noise over the past few weeks. Launched in November 2023,...
PEPE coin reached an all-time high, earning a whale $14 million
16.5.2024
PEPE has significantly increased by 28.27% over the last 7 days and 110.67% over the last 30 days. This has sparked optimism within the ecosystem, causing several traders to consider their strategies for banking a decent profit. One whale has sold their share to make a profit of around $14 million....
Can Solana achieve a $100B market cap by 2024? Experts weigh in
16.5.2024
Solana has been fighting for a while, and analysts believe that SOL will soon reach a market cap of over $100 billion by 2024, making it the fifth-largest cryptocurrency therein. With a market cap in the range of $73 billion, it currently ranks fifth, just behind Binance Coin. Currently, the four...
XRP poised for year-end surge: Can it reach $1 by 2025?
16.5.2024
There are many factors at play here, but XRP by Ripple is optimistic about ending the current year, that is, 2024, on a higher note. For starters, Ripple versus the SEC is likely to have a final judgment in the next couple of months. If favorable, it will trigger an upswing in XRP’s value. However...
Millennium Management’s $2B investment tops Bitcoin ETF scene
16.5.2024
Millennium Management LLC has established itself as a frontrunner in the Bitcoin ETF investment industry since its establishment, investing approximately $2 billion across a variety of investment strategies. With this comprehensive stake, Millennium has positioned itself ahead of...
Cardano (ADA) brings high lows looks to test $0.50 this week
15.5.2024
Cardano is noting high lows, which means that the pace is slower than expected, but a surge is within sight. The RSI is bullish, and so are the future predictions. It is next expected to test the resistance at $0.50. The only factor causing a hindrance is its inability to make a breakthrough past...
Crypto RPG ‘Guild of Guardians’ hits mobile platforms with $1M jackpot
15.5.2024
‘Guild of Guardians’, a highly anticipated crypto game, will launch on both Apple and Android devices, marking a groundbreaking development for the intersection of Blockchain technology and gaming. With the allure of a staggering $1 million prize pool, this launch marks a significant...
Bitcoin encounters $60k resistance amid market uncertainty
15.5.2024
Bitcoin’s consolidation phase is not a new phenomenon. If anything, it is giving the market a sense of stability amid the rising uncertainty. A movement within the confined zone is helping traders and investors decide when to withdraw or invest. The same phenomenon has also established a resistance...
Sonne Finance suffers $20 million loss in security breach
15.5.2024
Sonne Finance became the victim of a safety infraction which left the business with a loss amounting to the tune of $20 million. The hackers completed their misdeeds in two phases. They first targeted the USDC and WETH contracts of the company, siphoning off $3 million and in the following phase...
Sealana presale $950,000 – New meme coin gains traction among investors
15.5.2024
After many meme coins featuring dogs and frogs, there is a new star on the market—a seal, which is the main star of the Sealana meme coin. It certainly looks appealing right from the start because it is the embodiment of the obese American patriot focused on finding the next crypto gem to invest...
Ethereum Classic launches first USD-backed stablecoin: Classic USD (USC)
15.5.2024
The Ethereum Classic proudly announces the launch of Classic USD, its premium stable coin denominated in American dollars. The recent announcement is a byproduct of the collaboration between Brale, a stablecoin issuer, and web3 developers at the Ethereum Classic system. The Classic USD stablecoin...
Defi Protocol Sonne Finance Reports Major Security Breach, $20 Million Lost to Hackers
15.5.2024
Sonne Finance, a decentralized liquidity market protocol, was hit by a cyberattack, with initial losses of $3 million in USD Coin and Wrapped Ethereum from its Optimism chain quickly escalating to $20 million, as detected by blockchain security firm Cyvers on May 15. Following the attack, Sonne...
Jito DAO considers a $29M liquidity mining investment from the Treasury
14.5.2024
Jito DAO, a Solana-oriented liquid staking solution, is mulling over 7.5 million dollars of conventional JTO token expenditure for liquidity mining. The figure amounts to approximately $29 million, as per the present pricing. It is a segment of the total 240 million JTO holding about the DAO’s...